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Ann: Appendix 4C and Quarterly Update, page-178

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canterbury

719 Posts.

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01/11/19

11:18

Post #: 41195607
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Originally posted by TenX: ↑

Hi Canterbury.

I will respond to you right now. But this will be my last post for a little while, as I simply do not have the time nor the energy to answer every single thought or question various holder have or points they may wish to raise after reading my posts.

Companies are bound by continuous disclosure rules. The ASX changed reporting requirements recently and due to the new standards the BOD decided they would not disclose all contracts as that would involve disclosing the name and details of clients (for a security business) and would also tell our competitors who we were working for...so commercially they made a call.

The ASX rules require the 4C to be provided to holders at the end of each quarter, so that is our source of information on the performance of the business.

Further to that shareholder have the opportunity to reach out and speak with the business, and Jeff happily takes calls and replies to many many emails each week.

He and other board members will take face to face meetings with investors and potential investors.

Now to be specific in my answer to you, the "pertinent information" you refer to, is all in the 4C. The additional information was further detail around a few questions I had...but ALL of the meat is contained in the numbers.

I dont agree with your in the dark comment, as the only thing they haven't come out and done is say today we were awarded a contract with this firm/government department and it is worth $X.

I have never been told that information either, not once.

I have done hundreds of company meetings over 25 years in the market and hundreds of fund briefs...and I struggle to think of a CEO more scared of over stepping the mark than Jeff. Both he and Gary are water tight...and as much as I wish they would be a little bit more open with me and my colleague....they haven't been.

You also state that Jeff should be promoting the company a bit more...and I disagree...sorry. I want him spending his time and energy managing the business and continuing to bring in new business/opportunities. Let him look after the business and the business will look after the share price and us.

"i do think it's perpetually from Gary to Jeff lacked the understanding that shareholders are the owners..." Again, sorry but these guys do know and understand it, which is why you can actually get hold of them and they reply to email and calls. But imagine getting hundred of these each month, complaining that you didnt do this well enough or that could have been better. Really? To be honest I wouldn't want to be in their shoes....I would be telling holders, you want me to do my job, then let me do it.

I have been a major holder in many positions where the BOD were MIA and never replied to calls or emails.

Anyway, sorry for the rant, its just the same old same old, there are always people not happy.
You think owners in BHP get more information do you, and you think their shareholders get emails and calls returned?

Take care.

Over and out.

10x

PS Sorry if too direct and rude etc.

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just for the record... i was never insinuating that VOR was breaching any continuous disclosure rules... I was purely asking that if there was information out there that is able to be shared, that i thought they could do a better job of sharing that information than they are doing.

I take it all on board.... like i mentioned I've never sold and have accumulated more because i do think VOR is in the right space, and is actually making money!!!

Hopefully sunnier days ahead

VOR Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
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